Convenience Stores for sale in Hailsham

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Leasehold Price: £99,000 Price Reduced Turnover: £200,967 Gross Profit: £46,901
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Business Description
Hilton Smythe is delighted to introduce to the market Deanland Stores.  This unique lifestyle opportunity is a multi-use store with a captive and regular client base, serving the residents of this picturesque home park, plus the local business park and surrounding area.

Deanland Stores is beautifully presented and holds a good and varied stock line including a convenience section with fresh fruit and veg, sourced locally, stationery, chilled meats and dairy, frozen food section, household goods, off licence, locally grown plants to buy, fresh pastries and quiches available, fresh cakes, roast chickens, ice cream, national lottery, health lottery and greeting cards.

Our clients, a husband and wife team, employ their son on a full-time basis and have managed the business since 2012, with the business being first established in the 1950s. the store sells newspapers & magazines, and has an on-site newspaper delivery round.

According to the 2016 accounts, the business reports a handsome turnover in the region of £201,000 with a gross profit at circa 23%.  The store also provides post office facilities yielding an annual salary of around £21,000 per annum.  Our clients also derive income from a popular shop notice board.

We believe the business has scope for further growth, perhaps by offering additional on-site deliveries, Xmas hampers or extending opening hours. There is also potential for an increase in the number of homes on the park, with an application for a number of extra homes being considered by the local authority.

The business genuinely comes to the market as our clients look towards a well-deserved retirement.  Early viewing of this unique business venture in this lovely desirable location is highly recommended.

The business is located in the idyllic Deanland Wood Park, near Hailsham in East Sussex.

The store occupies a prominent monopoly trading position within this prestigious private retirement home park.  This large park houses around 400 lodge homes, inhabited the full 12 months of the year and nestles within stunning manicured lawns and woodland with on-site facilities including lawn bowls, swimming pool, pub and restaurant.

The park is easily accessible with regular bus services calling at the park.  Deanland is within 16 miles of 3 major tourist resorts, Eastbourne, Brighton and Hastings.  The A22 provides good road links.

Lodge style premise briefly comprising: -

Retail area - fixed shelving to both sides and middle, new ceiling, new lighting, new 4 doors multi-deck glass fronted food chiller with exterior extraction, new 3 door glass fronted triple display freezer (internal ventilation), new open fruit and veg chiller with external extraction, glass fronted upright chiller, ice cream fridge, greeting card stand and newspaper stand.

Service counter - tobacco gantry, counter chiller unit (summer), counter heated unit (used in winter), scales, new till and back office Epos system, shelving to rear and under counter and Lotto stand.

Post office counter incorporating new roller safe.

Rear kitchen /storeroom - sink unit, staff toilet, shelving, fridge, computer and desk area with printer, 2 safes and microwave.

External storeroom - 2 chest freezers, 1 upright freezer, hot drinks machine, fan oven and stand, double glass fronted chiller unit and shelving.

We are advised leasehold.

The original lease length is 7 years

As of 2016, 3 years remain on the lease.

Rent is £5,500 per annum.

The business currently opens: -

Monday to Saturday 8.00am – 5.30pm

Sunday 8.00am – 1.00pm

This is a family run concern.

According to the 2016 accounts, the business reports a handsome turnover in the region of £201,000 with a gross profit at circa 23%.  The store also provides post office facilities yielding an annual salary of around £21,000 per annum.

Tenure: Leasehold

Listed by: Hilton Smythe
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